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SLEDP-Cohort 1 , Uncategorized

Meet Margaret Mansaray CEO Women in Energy

Introducing Margaret Mansaray, the visionary CEO of Women in Energy, a trailblazing enterprise with a mission rooted in leveraging cutting-edge technology to uplift lives. At the core of their pioneering journey is a locally owned and operated smart green stove meticulously designed to effectively manage and reduce greenhouse gas emissions and health risks which affect women and girls in Africa and a pressing concern for communities far and wide.


Margaret’s path to success took a significant leap in 2022 when she gained entry into the esteemed SLEDP (Sierra Leone Economic Diversification  Project) project. Guided by the expertise of Innovation SL, she successfully navigated the challenges that typically accompany the inception of a startup. This vital support paved the way for her to meet the surging demand for her products.


The stove has an insulator that absorbs most of the heat and that makes the stove nearly smokeless, reducing the emission that would be released into our environment and taken/ inhaled  in by those cooking a meal. In recent studies it was found out that inhaling the smoke of typical cooking stoves while cooking in less than an hour can have an equivalent impact to that of smoking cigarettes.


It has a chimney that can be opened and closed to ensure efficient combustion , that helps regulate temperature and minimizes the loss of heat.and the awesome part is that the device is portable suitable for both indoor and outdoor use,and it comes with a two year guarantee and after this period the insulator needs to  be replaced


Margaret made this masterpiece with the thought of women and girls in mind and with this product women and girls will have less time preparing food and that saves them Energy .Women in Energy launched this product inorder to improve the lives of women and girls in Sierra Leone.

With the stove you get instructions for making Green Briquettes from trees like coconuts which have high calorific content. To know more about Margarets good work and product  kindly follow her on the below pages : website – womeninenergysl.com

  • Email- womeninenergysl2020@gmail.com

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Application Update

TO ALL APPLICANTS OF THE SLEDP BUSINESS INCUBATION AND ACCELERATION PROGRAM.
YOUR APPLICATIONS ARE STILL BEING PROCESSED.

YOU WILL BE INFORMED IN THE FIRST WEEK OF FEBRUARY 2022 WHETHER YOU HAVE BEEN ACCEPTED OR NOT ACCEPTED TO THE PROGRAM.

INNOVATION SL
19.01.2022

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Brief explanation about Light/small manufacturing and Circular economy

Circular Economy refers to businesses that are into sustainable fashion design, production of tiles, bricks from plastics, recycling of waste materials to usable products, producing energy from wastes, producing viable products from the waste agricultural produce etc. thereby limiting the consumption and waste of resources.

Light/Small Manufacturing refers to businesses that their production is less capital intensive, consumer oriented and having less environmental impacts. Examples: production of furniture like doors, beds chairs etc. producing leather products like bags, shoes etc. production of light electrical equipment, fabricated metal production, glass products, gara tie dye production

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A call for the Incubation of 30 businesses (startups and SMEs) under the Sierra Leone Economic Diversification Project

Introduction

Under the Sierra Leone Economic Diversification Project, Innovation SL on behalf of the Government of Sierra Leone and World Bank is calling for applications for Start-ups and SMEs. This program is to diversify the Sierra Leone economy; funding SMES and start-ups businesses through grants,

ELIGIBILITY CRITERIA FOR START-UPS

·         Individuals with a viable or proven business idea that needs support (as in incubation or acceleration) to become a competitive company that can sell its products and services.

·         This can include Start-ups, companies recently established (less than 2 years old).

NOTE:

The Eligible sectors

1. Tourism sector

2. Digital

3. Agribusiness

4. Fisheries sectors

5. Waste management

6. Light Manufacturing

Other sectors that supports the project’s objective of diversifying the economy that are not in the World Bank exclusion list will also be considered

The Key selection criteria for SMES include

) SMES’ current operational, financial, and market positions;

(b) potential demand for their products, considering pre-identified priority market segments; 

(c) market competitiveness based on differentiation, cost, and/or focus;

 (d) viability of technical interventions for advancing the growth of the business; and[4] 

(e) the financial and technical viability of the business.

Key selection criteria for Start-Ups will be based on a modified set of evaluation criteria in recognition of their early development stage. Accordingly, these criteria will include

 (a) technical and financial viability of the business model;

(b) good evaluation risks;

 (c) potential for growth

 (d) value addition; and

Exclusions

The Matching Grant and Technical Assistance will not extend grants in support of activities that support the production of the following:

Production of Alcoholic beverages

Weapons

Tobacco

 Validation

Innovation SL together with the Project Coordinating Unit will undertake to visit 100% of all applicants that meet the minimum requirement to verify application information.

Click Here to access the application.

 Deadline for submission of application: XXXX  XXX 2021